Over 500,000 new apartment units were completed in the U.S. last year, leading to a four-year advancement in the median year homes were built. An analysis of U.S. Census data showed that 86% of the 1,839 cities studied saw a forward shift, reflecting growing housing demands within urban and Sunbelt areas. Williston, N.D., and Farmers Branch, TX, experienced notable advancements of 25 years due to significant population growth and economic investments. Other major changes occurred in fast-developing towns in New York and New Jersey, indicating wider regional trends in housing development and migration.
In 86 percent of U.S. cities with at least 25,000 residents, the median year of homes built has advanced from 1976 to 1980 between 2013 and 2023.
Williston, N.D., saw its median build year advance by 25 years due to a population surge and housing boom related to an oil economic boom.
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